Facebook Privacy Settlement Delayed by FTC Split - News Summed Up

Facebook Privacy Settlement Delayed by FTC Split


Facebook CEO Mark Zuckerberg didn’t turn up to a U.K. parliamentary committee inquiry into fake news and disinformation, irking lawmakers. A Facebook representative was asked to explain the social-media company’s policy on data harvesting and privacy. (Originally published Nov. 27, 2018)WASHINGTON—A long-awaited multibillion-dollar settlement between Facebook Inc. and federal regulators over privacy missteps has been bogged down by a split between Republicans and Democrats on the Federal Trade Commission, according to people familiar with the matter. Facebook said April 24 that it was expecting to pay up to $5 billion in an accord with the FTC. At the time, people closely following the talks said a settlement was expected within days.


Source: Wall Street Journal May 24, 2019 19:17 UTC



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